Yahoo Finance's Julie Hyman and Josh Lipton monitor several of the day's top trending stocks in the after-hours trading session.The United Auto Workers strike against the Big Three automakers — Ford , General Motors , and Stellantis — may expand as General Dynamics workers voted to authorize a strike in three states if their deal with the company expires on October 22. This comes after UAW workers at Volvo's Mack Trucks rejected a tentative deal.
OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans. The agency says the total monthly value of non-residential permits rose 14.8 per cent to $5.0 billion in August. The increase came as permits were issued for hospital renovations in Toronto and North Vancouver, B.C., a new university building in Kelowna, B.C.
Toronto city council will hike the city's vacant home tax amid a growing housing crisis, a year after the new fee was introduced. Council voted 21-2 in favour of increasing the tax for having an empty house or condo from one to three per cent of its assessed value next year. Backed by Mayor Olivia Chow, the move aims to help battle the growing housing crisis in Toronto while helping to trim the city's budget deficit.
Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.